Forgot your password?
typodupeerror

Comment This is how ... (Score 1) 13

... the markets got into trouble in 2007-2009. CDOs and CDSs became "artificial" and it became possible to go long or short a security that really didn't exist. Add that to the creation of "naked" credit default swaps (CDS) and more money was being bet (in the end, shorted) on things than the face value of the things themselves. Naked CDSs are pretty much gamblers bets. Because you aren't buying them to protect an asset that you have. And gambling commissions are much better placed to keep an eye on such markets. And whether a game gets thrown if too many bets are placed against it.

It's like me (and all your other neighbors) buying fire insurance on your house. When there's more money to be made by your house burning down, the invisible hand of the market moves so as to make that happen.

Comment Re:Wrong question. (Score 1) 75

The idiots trying to figure out uses for AI remind me of the Kalahari bushmen with the coke bottle.

Which is an unfair comparison as people in developing countries often devise new uses for junk we throw away, that coke bottle can be turned into a water purifier. Devices made from discarded PET plastics are being used to create clean drinking in Africa.

AI execs on the other hand couldn't tell what's useful from their sisters left tit. Hence they're trying to sell the tit.

Comment Re:How abysmally stupid do you have to be ... (Score 1) 51

... to even only seriously consider doing that? These people are operating on the level of totally deranged cultists.

People just don't think of their own security. My mum is in hospital a lot these days so I've been running errands, this means paying bills as most of them are not set up to be done online so I now know her PIN because one of those bills was take $100 out of card A and put it on card B. She didn't even think twice about giving me the PIN (and it's a stupidly obvious number that gets given out a lot).

Fair enough that it's my mum... but people just don't think of security at all. In fact most complain about it. I've had to stop my sister from telling me her PIN in a crowded shopping centre before.

Comment Re:A fool and their money are soon parted (Score 0, Flamebait) 51

Happens way more than people think.

Just look at how many people donate to Trump whilst he screws them over.

We may end up having a shortage of many things, fuel, food, housing... but one thing we'll never run short on are morons. PT Barnum was quite the optimist to think there was only 1 sucker born every minute.

Comment Re:Thermostat (Score 1) 91

Actually, getting the CO2 out of the atmosphere is easy. Just grow stuff faster than you dump it in. The Keeling Curve slope goes negative every year due to uptake by vegitation.

Problem: To grow stuff, you need more than just the CO2. Plant growth will hit a limit when any one of the necessary nutrients is consumed Right now, we need to introduce more fixed nitrogen (NOx) into the cycle.

Comment Re:"On Planet Earth" (Score 1) 152

My apologies for the pedantic reply, but I'm just getting exhausted by the seemingly endless need people have to inject urgency into headlines. "On Planet Earth" is not necessary. At all. You can drop those words and the sentence means exactly the same thing.

Are my servers on Alpha Centauri IIC are not fine then?

Will it be better if I relocated them to Wolf 359?

Slashdot Top Deals

Don't compare floating point numbers solely for equality.

Working...